Arc Euro Trade Ltd.

[Ketan SwaliParticipant @ketanswali79440]

This is just to let everyone know that Arc Euro Trade is in the process of closing the engineering tools and machinery part of the business.

To achieve this goal, we are selling off certain products to our competitors. At the same time, we are selling off products at discounted rates to end user customers via marketing emails to our mailing list subscribers and via google search promotions.

The result is that a good range of certain products/categories are sold out. In turn we are getting calls and emails from potential customers enquiring when we are likely to get new stock, especially for items which are now out of stock.

Initially, the plan was to continue the business, if I could find a suitable buyer for it, or, if I could see a natural progression/successor. So my team has been advising potential customers that they didn’t know when a certain item will come back in, and/or it could take between three to six months. However, as continuation is an option which is off the table, and as I have now made a clear decision to close the engineering tools and machinery part of the business, we will not be re-stocking any product, once it is sold out.

My apologies to potential customers for any inconvenience due to this. Moving forward, my team has been advised to direct enquirers accordingly.

Most of the stock we are selling off now is being sold at a loss, just to raise cash for the items we still have. The discounted prices give the customer the opportunity to buy a ‘usually more expensive’ product cheap, but only while stocks last.

To avoid speculation, I would like to clarify:

– Arc Euro Trade Ltd. is financially sound and reason for closing is that I wish to retire. 🙂

Thank you, Ketan at ARC

[David JuppParticipant @davidjupp51506]

Ketan,

I’ll be sad to see ARC go, but I understand how difficult it can be to sell on a business.

I wish you a long and enjoyable retirement!

[DiogenesParticipant @diogenes]

Thanks to you and the team for everything, Ketan – best wishes for a long and happy retirement.

Arc will be sorely missed..

[Michael GilliganParticipant @michaelgilligan61133]

This will be a great loss to the community, Ketan … but [of course] your motivation is understandable.

With my best wishes

MichaelG.

[JasonBModerator @jasonb]

Although I have known of this for some time it will be a shame to see ARC go, they have long been my goto suppliers for many years and long before I started to do the odd test and review for their products.

I wish you well with your retirement activities😉

[Ian PParticipant @ianp]

Ketan

I wish you all the best for a happy retirement

The view from this (your customers) side, it feels like the end of an era and Arc will be missed.

Kind regards

Ian p

 

[Russell EberhardtParticipant @russelleberhardt48058]

Ketan,

Best wishes for a long and happy retirement.  I’m sure you’ll keep busy doing things you want to do with no pressure.  I took early retirement 23 years ago and haven’t regretted the decision at all.

Your business will be sorely missed.

Russell

[Graham MeekParticipant @grahammeek88282]

All the best Ketan for the future, and thanks for all your help over the years.

My best regards

Gray,

[Harry WilkesParticipant @harrywilkes58467]

Ketan enjoy your retirement

H

[John HinkleyParticipant @johnhinkley26699]

May I add my best wishes for your forthcoming retirement to the foregoing  I have been a customer since I starting in this hobby after I myself, retired.  I have never received anything but an exemplary service from your company, for which I am extremely grateful.

kindest regards,

John

 

[Neil WyattModerator @neilwyatt]

All the best, Ketan, thanks for all you’ve done to support the hobby. May you have a long and happy retirement.

Neil

[Alan JacksonParticipant @alanjackson47790]

I wish you the very best in your retirement. It will be a sad loss but thank you for what you did

Alan

[Dave SParticipant @daves59043]

I’m sure your not that old…

Dave (just south of Sudspumpwater)

[Phil super7Participant @philsuper7]

Ketan Happy retiement to you enjoy, sadly i think you & ARC will be missed to the community.

[Grindstone CowboyParticipant @grindstonecowboy]

Best wishes on your retirement. Enjoy!

Rob

[Andrew CrowParticipant @andrewcrow91475]

Very sad to see you go Ketan but everyone deserves a long and happy retirement.

Andy

[Robert Atkinson 2Participant @robertatkinson2]

Hi Ketan,

Enjoy your retirement. I’ve just placed what is probably my last order. Not a big customer but always a happy one.

Robert.

[Dave WoottonParticipant @davewootton]

Hi Ketan

Sorry to hear the business is closing down, one of my favorite suppliers. But I can recommend retirement wholeheartedly, seem to have taken to it like a duck to water myself.

Wishing you a very long and very happy retirement.

Dave

[not done it yetParticipant @notdoneityet]

Ketan,

I’ll just say that ‘I second every one of the above posts’.  Enjoy your retirement.  ARC will be sorely missed.  RAB

[KEITH BEAUMONTParticipant @keithbeaumont45476]

Ketan,

Arc will be missed, you were always my first “go to ” supplier, but I always read you posts on here with great interest, whatever the subject, they contained Wisdom!

Enjoy your retirement and may it be a long and happy one,

Keith

[IanTParticipant @iant]

I’ve been a very satisfied customer for 17 years Ketan (as have my sons, in terms of many Birthday & Christmas presents for their poor old Dad!) – so I am very sad to hear that you are closing down. I hope you enjoy your well earned retirement for many more years to come.

However, as the (soon to be) new owner of a Seig Mill I’ve just purchased from ARC (albeit at a very good discount) can I ask what warrenty arrangements (if any) there will be going forward please?

Regards,

 

IanT

[peak4Participant @peak4]

Wishing you well for your retirement Ketan.
As discussed some time ago on the phone, the offer of refreshments still stands if you’re ever over in Buxton.

Bill

[grubscrewParticipant @grubscrew]

I have always had first class service from ARC.

You will be missed Ketan.

Best wishes on your retirement.

Grubscrew.

[Nicholas FarrParticipant @nicholasfarr14254]

Hi Katan, it is sad that your engineering tools and machines are closing, and although I’m probably one of your smaller customers, I thank you for the good service and advice that you have given myself and all of us over the years. I do hope you have a good and long retirement.

Regards Nick.

[Neil LickfoldParticipant @neillickfold44316]

Thank you very much for your support over the years Ketan.

Enjoy a well deserved retirement.

Neil Lickfold

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